Who will gain, and who will lose in the digital revolution?

Article in BrandsIT: The changes we are witnessing today are being driven by the growing use of technology in everyday life. Artificial intelligence (AI) and self-learning machines are already altering the ways decisions are made and information communicated.

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The changes we are witnessing today are being driven by the growing use of technology in everyday life. Artificial intelligence (AI) and self-learning machines are already altering the ways decisions are made and information communicated. The process is irreversible and accelerating. In the near future, chatbots will replace people in both B2C and B2B, while blockchain and cryptocurrencies will fundamentally change the world of finance. The Industrial Revolution 4.0 will bring far-reaching automation into manufacturing industries and the supply chains that feed them raw materials, components and even finished products. Services – initially those involving repetitive work – will become the domain of machines and software. Automatons and autonomous machines will replace people. All this will change the way we work, who we work for and how we are compensated.By 2030, the digital revolution will push 75 million to 375 million workers around the world out of their current jobs, according to McKinsey Global Institute estimates. However, while many occupations will disappear from the employment landscape forever, many new professions will take their place. What skills will be in demand in the future? Which groups will gain, and which lose in the technological revolution?

The newdigital economy will affect a growing number of people negatively.

Machines will learn to perform the same work they’re doing now, only faster, more cheaply, and without mistakes. At the same time, a substantial proportion of employees will benefit. Scores of professionals will become more valued in the labor market, and thus better rewarded. Who will they be? What unique skills will they possess and what will make them treasured in the digital economy? Market observations and McKinsey studies show that the most sought-after employees will be those in the following three categories. …

Article in BarandsIT: In general opinion, robotics will lead to the destruction of the labor market in the future. Although I am sure that changes in this area are inevitable, I do not think that they must have a clearly negative connotation.

Artificial Intelligence is a great promise to many of us. Better, easier, longer life. Maybe even something more. Perhaps soon we will see a race aimed at increasing the overall human intelligence at the level of entire countries.

In my opinion, it is not enough to be aware that reality has accelerated, and that legal codes are aging at a rapid pace. Politicians, legislators and lawyers now have a great responsibility for changes that may or should not be made.

Article in BrandsIT: The changes we are witnessing today are being driven by the growing use of technology in everyday life. Artificial intelligence (AI) and self-learning machines are already altering the ways decisions are made and information communicated.